On the recordMarch 14, 2011
I rise to support the StartUp Visa Act of 2011, as the leading Republican cosponsor, because I believe this legislation will increase the possibility that companies such as Google, Intel, Yahoo and Proctor & Gamble--which were all started completely or in part by immigrant entrepreneurs--will continue to be founded in America. This legislation will help immigrant entrepreneurs like Paroon Chadha, Purdue University alumnus and cofounder of a company that currently employs more than two dozen American-born Hoosiers and continues to grow--as demonstrated by plans to hire four additional staff members in April 2011. Paroon and I believe America remains the best country in the world to do business and that we should continue attracting immigrant entrepreneurs to help drive innovation and job creation here at home. At a time when our country struggles to achieve full economic recovery, foreign-born entrepreneurs who wish to establish companies and create jobs in the United States, often with the financial backing of American investors, are instead operating from other countries because they find the process of immigrating to the U.S. too difficult. The logic of our current approach places America at a competitive disadvantage in the global race to attract the very best talent and is counterproductive to our national interest.
